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Selections include more than 550 aircraft and $250 million in new business

Company has doubled the size of its Hong Kong wheel and brake MRO facility to accommodate rapid growth in the region

SINGAPORE AIR SHOW, February 7, 2018 – UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today announced that it has been selected to supply wheels and brakes for eight Asian airlines: Air China, China Eastern Airlines, China Southern Airlines, Garuda Indonesia, Hong Kong Airlines, Korean Air, Philippine Airlines and Sichuan Airlines—along with multiple Hainan Airlines Holding Co., Ltd. affiliated airlines. In addition, the company has also signed a landing gear MRO agreement with Singapore Airlines for its A380 aircraft.

Taken together, the selections include more than 550 aircraft and represent more than $250 million in new business for UTC Aerospace Systems. The announcement builds on the $56 million in wheel and brake selections the company announced at the Dubai Air Show in November, and the $180 million in wheel and brake selections it announced at the Paris Air Show in June.

UTC Aerospace Systems wheels and brakes are widely used across the commercial aviation industry, having already amassed more than 17 million brake landings in service on the Boeing Next-Generation 737 and approximately 85 million brake landings in service on the Airbus A320ceo platform. The company’s brake systems include its proprietary DURACARB® carbon friction material, which allows for an average 35 percent longer brake life over competing carbon materials. This extended brake life helps airlines decrease maintenance time, thereby realizing cost savings as a result. For the 737 MAX and A320neo platforms, the 35 percent wear-rate advantage that DURACARB®brakes provide translates to roughly 500 to 700 additional landings, or approximately six additional months, between brake overhauls.

In recent years, UTC Aerospace Systems has seen its wheel and brake business experience significant growth in Asia and the business has invested to position itself for long-term success in the region. To accommodate the growth, the company has doubled the size of its Hong Kong wheel and brake MRO facility, moving to a new, 66,000-square foot location and outfitting it with state-of-the-art equipment. In 2017, the site serviced more than 19,000 wheels, brakes and heat sinks for 54 different airlines.

“At UTC Aerospace Systems, we are committed to investing in the Asia Pacific region to ensure we are delivering superior service to our customers as they continue to experience rapid growth,” said Landing Systems President Jim Wharton. “By increasing our MRO capabilities in Asia and continuing to provide best-in-class products, we will help our customers reduce maintenance costs, while enhancing operational efficiency.”

UTC Aerospace Systems is an industry leader in wheels and brakes, with 18 million brake landings in service on the 737 NG, 100 million brake landings on the A320ceo and 400,000 brake landings on the A350. The company is known for its patented DURACARB® carbon friction material that delivers an average 35 percent longer brake life over competing carbon materials, enabling airlines to decrease maintenance time and realize additional cost savings. UTC Aerospace Systems’ A380 Main Landing Gear has more than 10 years of successful service experience and is used on every A380 aircraft in service today.

Platforms for the wheel and brake selections include:

Air China (737 MAX, A350-900)

China Eastern Airlines (737 MAX, 737 NG, A320neo, A350-900)

China Southern Airlines (737 MAX, 737 NG)

Garuda Indonesia (737 MAX)

Hainan Airlines Holding Co., Ltd. (A320neo)

Hong Kong Airlines (A350-900)

Korean Air (737 MAX)

Philippine Airlines (A350-900)

Sichuan Airlines (A350-900)

About UTC Aerospace SystemsUTC Aerospace Systems is one of the world’s largest suppliers of technologically advanced aerospace and defense products. UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries, supporting a global customer base with significant worldwide manufacturing and customer service facilities. For more information about the company, visit our website at utcaerospacesystems.com or follow us on Twitter: @utcaerosystems

About United Technologies CorporationUnited Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. For more information about the company, visit our website at www.utc.com or follow us on Twitter: @UTC